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2504 Highway 35
Manasquan, NJ 08736
Merrill Lynch (Investment Grade Tenant) · Bureau Propriété À vendre


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Faits saillants de l'investissement
- Fully leased to Merrill Lynch, a wholly owned subsidiary of Bank of America.
- Prominent Location Along Route 35 with Approximately 25,800 Vehicles Per Day, Providing Outstanding Visibility and Accessibility.
- Surrounded by established retailers, financial institutions, and professional service businesses.
- Situated in Affluent Manasquan, One of Monmouth County's Most Desirable Coastal Communities with Exceptional Demographics
- Two-story office building supported by 68 on-site parking spaces.
Résumé de l'annonce
2504 NJ-35 presents an opportunity to acquire a fully leased office investment occupied by Merrill Lynch, a wholly owned subsidiary of Bank of America and one of the most recognized wealth management firms in the United States. Situated on approximately 1.83 acres along Route 35 in the Manasquan and Wall Township market, the property combines institutional tenancy with a highly visible location within one of Monmouth County’s established commercial corridors.
The two-story office building contains approximately 12,000 square feet, plus a 3,000-square-foot basement, and is supported by 68 parking spaces, providing a parking ratio of approximately 5.7 spaces per 1,000 square feet. The site benefits from frontage along Route 35, where traffic counts are reported at approximately 25,800 vehicles per day, enhancing visibility and accessibility for office users and visitors. The surrounding area includes a mix of financial institutions, service providers, and nationally recognized retailers, including Chase Bank, Wawa, McDonald’s, and Ace Hardware.
Regional connectivity is supported by proximity to Route 34, the Garden State Parkway, Route 18, and Interstate 195, providing convenient access throughout Monmouth County, the Jersey Shore region, and major population centers including New York City and Philadelphia. The property is positioned within an affluent coastal market characterized by limited commercial development, established residential neighborhoods, and strong long-term demand fundamentals.
The combination of an investment-grade tenant, established office improvements, significant parking capacity, and a well-located parcel within a supply-constrained market creates a compelling investment opportunity supported by both tenancy and underlying real estate value.
The two-story office building contains approximately 12,000 square feet, plus a 3,000-square-foot basement, and is supported by 68 parking spaces, providing a parking ratio of approximately 5.7 spaces per 1,000 square feet. The site benefits from frontage along Route 35, where traffic counts are reported at approximately 25,800 vehicles per day, enhancing visibility and accessibility for office users and visitors. The surrounding area includes a mix of financial institutions, service providers, and nationally recognized retailers, including Chase Bank, Wawa, McDonald’s, and Ace Hardware.
Regional connectivity is supported by proximity to Route 34, the Garden State Parkway, Route 18, and Interstate 195, providing convenient access throughout Monmouth County, the Jersey Shore region, and major population centers including New York City and Philadelphia. The property is positioned within an affluent coastal market characterized by limited commercial development, established residential neighborhoods, and strong long-term demand fundamentals.
The combination of an investment-grade tenant, established office improvements, significant parking capacity, and a well-located parcel within a supply-constrained market creates a compelling investment opportunity supported by both tenancy and underlying real estate value.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Taille du bâtiment
15 000 pi²
Classe d’immeuble
C
Année de construction
1900
Prix
6 707 164 $ CAD
Prix par pi²
447,14 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Superficie de plancher typique
7 500 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
0,19
Taille du lot
1,83 AC
Zonage
OP-2
Stationnement
68 places (4,53 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | 52-00337-0000-00033 | Évaluation des bâtiments | 2 797 869 $ CAD |
| Évaluation du terrain | 1 009 384 $ CAD | Évaluation totale | 3 807 253 $ CAD |
Impôts fonciers
Numéro de lot
52-00337-0000-00033
Évaluation du terrain
1 009 384 $ CAD
Évaluation des bâtiments
2 797 869 $ CAD
Évaluation totale
3 807 253 $ CAD
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